China’s homebuyers default on mortgages, losing the most. Homeowners are the biggest loser.
China's housing market continues to be on the decline, with the number of properties in default and foreclosures increasing in the first half of 2024. In this episode, …
BMW, Mercedes Plan to Exit China? $10,000 Loss per Car Due to Relentless Price Wars
An investor in car dealerships mentioned that stores often fluctuate between losing and breaking even each year, with losses around one to two million yuan. However, …